News: MarkWest Energy Partners LP (MWE.N)

MWE.N on New York Stock Exchange

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Mon, Jul 13 2015

Marathon's MarkWest acquisition eyes natural gas liquids exports

HOUSTON - Marathon Petroleum Corp's $15.6 billion deal to swallow MarkWest Energy Partners LP is the biggest bet yet by a refiner on fast-growing natural gas logistics and exports, analysts said on Monday.

Marathon's MarkWest acquisition eyes natural gas liquids exports

HOUSTON, July 13 - Marathon Petroleum Corp's $15.6 billion deal to swallow MarkWest Energy Partners LP is the biggest bet yet by a refiner on fast-growing natural gas logistics and exports, analysts said on Monday.

Deals of the day- Mergers and acquisitions

July 13 - The following bids, mergers, acquisitions and disposals were reported by 2015 GMT on Monday:

MPLX to buy MarkWest for $15.63 billion, creating fourth-largest MLP

- Marathon Petroleum Corp's master limited partnership (MLP), MPLX LP , will buy natural gas processor MarkWest Energy Partners LP for about $15.63 billion, a deal that will create the fourth-largest MLP by market value.

UPDATE 3-Marathon Petroleum to buy gas processor MarkWest for $15.6 bln

* MPC shares up 7 pct, MPLX down 16 pct, MarkWest up 12 pct (Adds background, analyst comment, share movement)

Marathon Petroleum's MLP to acquire MarkWest Energy for $15.63 bln

July 13 - Marathon Petroleum Corp's master limited partnership, MPLX LP, will acquire MarkWest Energy Partners LP for about $15.63 billion.

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